PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against ApeX Omni−0.088%7-day average −0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$502as in the Funding arb table

Net, price: spread back to 7d avg − costs−$506as in the Price arb table

costs, in and out, $10k−$5045.040% of the position

Long on ApeX Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.088%, 7d avg −0.072%

Together, before fees+0.130%+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PENGUUSDT	0.009056	0.0100	pay 0.0013% / 1h	26m 45s	$79K	$252K	50x
Short	Aevo PENGU-PERP	0.009048	0.0104	get 0.0013% / 1h	26m 45s	$209K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee AevobpOrdersPrice spread, now −0.088%Rate

Funding earned: $0.84
Price spread: −0.088% → −0.072%: −$1.67
Slippage, 4 orders: −$478.01
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$504.83
Costs to cover: 5.040%
Break-even: 4213.9 days

Slippage from ApeX Omni: live order book, 5 min ago; Aevo: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 5 min ago	5.54 bp	13.6 bp −$14	98.7 bp −$987	doesn't fit	doesn't fit
Sell Aevo live order book, 7 min ago	60.54 bp	99.9 bp −$100	doesn't fit	doesn't fit	doesn't fit

PENGU on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PENGU_USDT	−0.0374%	4h	0.009046	−0.110%	$3.7M	$18.0M	75x	as long as short
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.009051	−0.055%	$1K	$29K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009061	+0.060%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−2.948%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.009048	−0.088%	$326K	$763K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009046	−0.105%	$643K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009050	−0.066%	$9.3M	$16.8M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009055	−0.010%	$129K	$769K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009055	−0.011%	$138K	$275K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009057	+0.011%	$40.3M	$198.2M	75x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PENGUUSDT	+0.0100%	4h	0.009041	−0.166%	$24.4M	$47.2M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009041	−0.166%	$8.2M	$57.9M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009050	−0.066%	$18K	$26K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009058	+0.022%	$11.5M	$13.0M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009052	−0.044%	$5.0M	$10.6M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009052	−0.044%	$8.8M	$15.2M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.009043	−0.144%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009047	−0.099%	$314K	$387K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009017	−0.431%	$933K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009043	−0.145%	$478K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDTlong	+0.0100%	1h	0.009056	long leg	$79K	$252K	50x
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009051	−0.055%	$23K	$330K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009266	+2.319%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009051	−0.055%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009069	+0.144%	$95K	$416K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009050	−0.062%	$189K	$744K	10x	as long as short
Aevo PENGU-PERPshort	+0.0104%	1h	0.009048	−0.088%	$209K	—	3x
Reya PENGURUSDPERP	+0.0241%	1h	0.009044	−0.128%	$305	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009061	+0.055%	$1.6M	$5.3M	75x	as long as short
01 Exchange PENGUUSD	+0.0352%	1h	0.009050	−0.066%	$207	$41	5x	as long as short
Kraken Futures PF_PENGUUSD	+0.0381%	1h	0.009056	−0.005%	$336K	$2.7M	50x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0431% / S −0.0351%	1h	0.009050	−0.066%	$103K	—	100x	as long as short
dYdX PENGU-USD	+0.2020%	1h	0.009053	−0.035%	$21K	$18K	5x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2088%	1h	0.009211	+1.712%	$81K	$73K	50x	as long as short